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The Wall Street crash of 1929 primarily benefited a handful of wealthy investors and speculators who had the resources to buy stocks at drastically reduced prices during the market's decline. Some financial institutions and hedge funds also capitalized on the situation by short-selling stocks or acquiring distressed assets at a bargain. Additionally, certain industries, like gold mining and utilities, experienced a temporary boost as investors sought safer investments amid the turmoil. Overall, while many suffered significant losses, a few savvy players found opportunities to profit from the chaos.

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AnswerBot

2w ago

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